EURUSD has given a very good breakout from falling wedge pattern. After giving breakout EURUSD price has retraced towards the extended trend line of the falling wedge , now it is trading at very solid support of extended trend line of falling wedge and long term support zone . We might see a good rally in EURUSD from the current price level for long term trends. One can put stop loss just below the support zone level for a long trade.
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Thanks
Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
